According to on-chain data from analyst Ai Yi, a crypto whale has entered a high-leverage short position on #xrp and #solana , with a combined value of approximately $17.07 million.
🔑 The key details are:
💣. XRP : 3,333,333 coins shorted at an-opening price of $2.9.
💣. SOL : 44,444.44 coins shorted at an opening price of $164.18.
💣. Leverage: 20x on both positions
💰 Current Unrealized Profit: $6.01 million
This aggressive, high-risk move from a single large holder has many speculating about what's to come. While they are currently in profit, the high leverage means a sudden price increase could lead to a massive liquidation event. This is a clear indicator of the extreme volatility and high stakes in today's crypto market.
